USDCHF has been on a very strong 2 week rise on Support A and has turned the 1day MA50 into Support. Until that breaks, we expect the bullish trend to continue.
Technically this is an emerging Channel Up that looks very much like the January rebound on Support A, which also consolidated after a nearly +3.00% rise and then moved to a +4.78% rise before it pulled back.
Buy and target 0.87900 (+4.78%), which will approach the 1day MA200.
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Technically this is an emerging Channel Up that looks very much like the January rebound on Support A, which also consolidated after a nearly +3.00% rise and then moved to a +4.78% rise before it pulled back.
Buy and target 0.87900 (+4.78%), which will approach the 1day MA200.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
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🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.